InterviewSolution
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What is the profit potential of steel industries in india |
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Answer» India was the world’s second-largest steel [email protected] with production standing at 106.5 MT in 2018. The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ORE and cost-effective labour. Consequently, the steel sector has been a major contributor to India’s MANUFACTURING output.The Indian steel industry is very modern with state-of-the-art steel mills. It has always strived for continuous modernisation and up-gradation of OLDER plants and HIGHER energy efficiency levels.Indian steel industries are classified into three categories such as major PRODUCERS, main producers and secondary producers.Explanation:hope it helped !>>>>THANK U<<<:> |
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